Seller's Agent in 2023
Andrew Richardson
Richardson Sotheby's International Realty
(805) 781-6040
1 in this area
72 Total Sales
1837 Loomis St San Luis Obispo, CA 93405
Cuesta Park NeighborhoodEstimated Value: $1,142,000 - $1,369,445
6
Beds
2
Baths
1,845
Sq Ft
$700/Sq Ft
Est. Value
Highlights
- Detached Guest House
- Mountain View
- Laundry Room
- Bishop's Peak Elementary School Rated A
- No HOA
- Central Heating
About This Home
As of April 2023Investment opportunity with 2 homes blocks from Cal Poly and short distance to downtown San Luis Obispo. The main home is 1040 sqft with 3 bedrooms and 1 bathroom featuring hardwood floors, updates in the kitchen and newer appliances. The addition of the ADU covers 805 sqft with 3 bedrooms and 1 bath. This mission style bungalow has an inviting front courtyard to enjoy the wonderful San Luis Obispo weather! Total current income is $6800/month through end of June! This 6 bedroom property is the perfect Cal Poly investment opportunity!
Last Agent to Sell the Property
Richardson Sotheby's International Realty License #01872187 Listed on: 02/02/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $13,245
Year Built
- Built in 1935
Lot Details
- 4,500 Sq Ft Lot
- Rectangular Lot
- Property is zoned R1
Property Views
- Mountain
- Hills
- Neighborhood
Home Design
- Additions or Alterations
- Cosmetic Repairs Needed
- Slab Foundation
Interior Spaces
- 1,845 Sq Ft Home
- 1-Story Property
- Living Room with Fireplace
Bedrooms and Bathrooms
- 6 Bedrooms
- 2 Bathrooms
Laundry
- Laundry Room
- Washer Hookup
Parking
- Parking Available
- Driveway
Utilities
- Central Heating
- Natural Gas Connected
- Phone Available
- Cable TV Available
Additional Features
- Exterior Lighting
- Detached Guest House
Listing and Financial Details
- Tenant pays for cable TV
- Legal Lot and Block 10 / 25
- Assessor Parcel Number 052232007
Community Details
Overview
- No Home Owners Association
- 2 Units
- San Luis Obispo Subdivision
Building Details
- 2 Leased Units
- 1 Separate Electric Meter
- 1 Separate Gas Meter
- 1 Separate Water Meter
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 4, 2023
Sold by
Ruppa Sasikumar C and Ruppa Malathi S
Bought by
Ruppa Family Living Trust and Ruppa
Current Estimated Value
Purchase Details
Listed on
Feb 2, 2023
Closed on
Mar 28, 2023
Sold by
Woolpert Mitchell
Bought by
Ruppa Sasikumar C and Ruppa Malathi S
Seller's Agent
Andrew Richardson
Richardson Sotheby's International Realty
Buyer's Agent
Joel Pace
Joel Pace Real Estate, Inc.
List Price
$1,295,000
Sold Price
$1,175,000
Premium/Discount to List
-$120,000
-9.27%
Views
62
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.80%
Original Mortgage
$881,250
Interest Rate
6.65%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jul 6, 2021
Closed on
Aug 2, 2021
Sold by
Woolpert Leigh Yetter
Bought by
Woolpert Mitchell
Seller's Agent
Kristie Carter
Compass
Buyer's Agent
Kristie Carter
Compass
List Price
$695,000
Sold Price
$705,000
Premium/Discount to List
$10,000
1.44%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
35.29%
Purchase Details
Listed on
Jul 6, 2021
Closed on
Jul 28, 2021
Sold by
Stephens Jason
Bought by
Woolpert Mitchell
Seller's Agent
Kristie Carter
Compass
Buyer's Agent
Kristie Carter
Compass
List Price
$695,000
Sold Price
$705,000
Premium/Discount to List
$10,000
1.44%
Purchase Details
Closed on
Feb 11, 2021
Sold by
Stephens Kathryn
Bought by
Stephens Jason
Purchase Details
Closed on
Oct 11, 2004
Sold by
Hogue Robert S and Winslow Suzanne D
Bought by
Stephens Jason and Stephens Kathryn
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$436,000
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 10, 1995
Sold by
Edwards Jane D and Lewis Jane D
Bought by
Hogue Robert S and Winslow Suzanne D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,436
Interest Rate
8.47%
Mortgage Type
FHA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ruppa Family Living Trust | -- | None Listed On Document | |
| Ruppa Sasikumar C | $1,175,000 | First American Title | |
| Woolpert Mitchell | -- | First American Title Company | |
| Woolpert Mitchell | $705,000 | First American Title Company | |
| Stephens Jason | -- | None Available | |
| Stephens Jason | $545,000 | Fidelity Title Company | |
| Hogue Robert S | $145,000 | Cuesta Title Guaranty Compan | |
| Lewis Jane D | -- | Cuesta Title Guaranty Compan |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Ruppa Sasikumar C | $881,250 | |
| Previous Owner | Stephens Jason | $436,000 | |
| Previous Owner | Hogue Robert S | $133,436 | |
| Closed | Stephens Jason | $109,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/14/2023 04/14/23 | Sold | $1,175,000 | -9.3% | $637 / Sq Ft | |
| 02/02/2023 02/02/23 | For Sale | $1,295,000 | +83.7% | $702 / Sq Ft | |
| 08/04/2021 08/04/21 | Sold | $705,000 | +1.4% | $534 / Sq Ft | View Prior Sale |
| 07/13/2021 07/13/21 | Pending | -- | -- | -- | |
| 07/06/2021 07/06/21 | For Sale | $695,000 | -- | $526 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $13,245 | $1,222,470 | $884,340 | $338,130 |
| 2024 | $7,960 | $1,198,500 | $867,000 | $331,500 |
| 2023 | $7,960 | $719,100 | $484,500 | $234,600 |
| 2022 | $7,461 | $705,000 | $475,000 | $230,000 |
| 2021 | $7,828 | $701,818 | $450,710 | $251,108 |
| 2020 | $7,379 | $694,623 | $446,089 | $248,534 |
| 2019 | $7,302 | $681,004 | $437,343 | $243,661 |
| 2018 | $7,159 | $667,652 | $428,768 | $238,884 |
| 2017 | $7,019 | $654,561 | $420,361 | $234,200 |
| 2016 | $6,434 | $600,000 | $385,000 | $215,000 |
| 2015 | $6,432 | $600,000 | $385,000 | $215,000 |
| 2014 | $5,994 | $597,000 | $385,000 | $212,000 |
Source: Public Records
Agents Affiliated with this Home
-
Andrew Richardson
-
Susie Brans
Seller Co-Listing Agent in 2023
Susie Brans
Richardson Sotheby's International Realty
(805) 550-8833
7 in this area
149 Total Sales
-
Joel Pace
Buyer's Agent in 2023
Joel Pace
Joel Pace Real Estate, Inc.
(805) 703-0778
1 in this area
74 Total Sales
-
Kristie Carter
Seller's Agent in 2021
Kristie Carter
Compass
(805) 235-4499
1 in this area
20 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SC23015778
APN: 052-232-007
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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